NOT LISTED FOR SALE

1042 Park Ave Schenectady, NY 12308

Estimated Value: $382,000 - $612,000

6 Beds
4 Baths
2,800 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $65,000 $23 Per Sq Ft

Est. 513% increase in value since last sale

Current estimated payment $2,882/month

138 Days on Market

Highlights

  • Active Adult
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Level Lot

About This Home

As of December 2018

City Owned four unit! Must be on market 15 days until city will review an offer. City Listing, please see associate documents. Good Condition

Last Agent to Sell the Property

Bruce Farmer

Howard Hanna Capital Inc License #40FA0870189 Listed on: 09/12/2018

Howard Hanna Capital Inc

Last Buyer's Agent

Bruce Farmer

Gallet Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,812

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 40x1632
  • Level Lot

Home Design

  • Slate Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 51 / 1
  • Assessor Parcel Number 421500 39.75-1-51

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,812

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1970
  • Directions: Near Union College between Union Ave and Union Street
  • Above Grade Finished Sq Ft: 2800.0
  • Financial Details General Taxes: 1812.0
  • General Taxes Description: Estimated
  • Lot Size: 40x1632
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 2800.0
  • Full Basement: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Aluminum Siding, Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 421500 39.75-1-51

Tax Info

  • Tax Annual Amount: 1812.0
  • Tax Block: 1
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Ramtahal Amanda and Nakhul Jineshwar
Bought by
Joaquin Hasim E and Joaquin Zameer B
Current Estimated Value
$398,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,299
Interest Rate
6.44%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 12, 2018
Closed on
Dec 10, 2018
Sold by
The City Of Schenectady
Bought by
Nakhul Jineshwar and Ramtahal Amanda
Seller's Agent
Bruce Farmer
Howard Hanna Capital Inc
Buyer's Agent
Bruce Farmer
Gallet Realty
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.34%

Purchase Details

Closed on
Feb 28, 2018
Sold by
City Of Schenectady
Bought by
Schenectady Urban Renewal Agency

Purchase Details

Listed on
Dec 6, 2013
Closed on
Jan 14, 2014
Sold by
Us Bank National Association
Bought by
Uraga Melivette and Uraga Cesar
Seller's Agent
Dawn Vann
A 1 R E O Services LLC
Buyer's Agent
Mary Jean Joy
Bicentennial Realty
List Price
$93,900
Sold Price
$93,546
Premium/Discount to List
-$354
-0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Jul 17, 2013
Sold by
Wilson Kevin J
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Joaquin Hasim E $397,500 None Listed On Document
Joaquin Hasim E $397,500 None Listed On Document
Nakhul Jineshwar $65,000 None Available
City Of Schenectady -- None Available
Schenectady Urban Renewal Agency $500 None Available
Uraga Melivette $93,546 None Available
Us Bank National Association $140,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joaquin Hasim E $390,299
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2018 12/12/18 Sold $65,000 -13.3% $23 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $75,000 0.0% $27 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $75,000 0.0% $27 / Sq Ft
01/06/2017 01/06/17 Rented $700 0.0% --
09/28/2016 09/28/16 For Rent $700 0.0% --
08/19/2016 08/19/16 Rented $700 0.0% --
08/02/2016 08/02/16 For Rent $700 -3.4% --
07/01/2016 07/01/16 Rented $725 0.0% --
05/13/2016 05/13/16 For Rent $725 0.0% --
10/01/2015 10/01/15 Rented $725 0.0% --
08/23/2015 08/23/15 For Rent $725 +7.4% --
07/31/2015 07/31/15 Rented $675 -6.9% --
07/08/2015 07/08/15 Under Contract -- -- --
07/02/2015 07/02/15 Rented $725 +7.4% --
07/02/2015 07/02/15 Under Contract -- -- --
05/29/2015 05/29/15 For Rent $675 -6.9% --
05/22/2015 05/22/15 For Rent $725 0.0% --
01/30/2014 01/30/14 Sold $93,546 -0.4% $33 / Sq Ft View Prior Sale
01/07/2014 01/07/14 Pending -- -- --
09/13/2013 09/13/13 For Sale $93,900 -- $34 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,710 $181,400 $20,200 $161,200
2023 $95 $181,400 $20,200 $161,200
2022 $9,332 $181,400 $20,200 $161,200
2021 $9,267 $181,400 $20,200 $161,200
2020 $2,702 $130,400 $20,200 $110,200
2019 $4,237 $130,400 $20,200 $110,200
2018 $4,603 $130,400 $20,200 $110,200
2017 $4,603 $130,400 $20,200 $110,200
2016 $7,591 $130,400 $20,200 $110,200
2015 -- $130,400 $20,200 $110,200
2014 -- $130,400 $20,200 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201821800

Global MLS

APN: 039-075-0001-051-000-0000